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TikTok Takes on Amazon with 'Deals For You Days' Sales Event

July 01, 2024

1 min 36 sec read
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Amazon, watch out! TikTok is stepping into the ring, aiming to compete head-on with Amazon's Prime Day by launching its own "Deals For You Days" sales event in the U.S. The showdown kicks off on July 9, just a week before Amazon's big day on July 16 and 17.

Phone Screen Showing a Full Shopping Cart
TikTok Shop's announcement adds a new player to the lineup of retailers who have tried to cash in on Prime Day's success. This move highlights TikTok's growing ambition in the e-commerce arena. By jumping into the sales event frenzy, TikTok isn't just looking to ride the wave but to create some serious competition.

So, what's the deal with "Deals For You Days"? TikTok promises a slew of discounts across various categories. Fashion and beauty products, backyard entertainment essentials, home decor, and summer reading bestsellers are all on the menu. The sales event will feature exclusive offers on products from big names like L'Oréal Paris, Maybelline New York, NYX Professional Makeup, Our Place, Too Faced, and Zwilling USA.

But TikTok isn't stopping at just slashing prices. The platform plans to leverage its unique strengths: short videos and LIVE shopping events. During the sales period, brands and merchants will engage in content challenges, creating short videos and hosting live streams to showcase their products and interact with their audience in real-time. These LIVE events will offer special discounts on popular items, making shopping an interactive and entertaining experience.

TikTok's push into e-commerce is more than just a one-time event. The company is betting big on its TikTok Shop, aiming to increase its U.S. business size tenfold to an impressive $17.5 billion this year. This ambitious goal underscores TikTok's commitment to expanding its footprint in the U.S. market, not just against Amazon, but also against other Chinese-owned e-commerce giants like Temu and Shein, which have been gaining popularity stateside.

Last year, TikTok was expected to rake in around $20 billion in global gross merchandise value, with a significant chunk coming from Southeast Asia. Now, TikTok wants to replicate that success in the U.S. market. By diving into the competitive sales event space with "Deals For You Days," TikTok is making it clear that it's here to play—and win.

So, get ready to scroll, shop, and save as TikTok Shop gears up to deliver some serious deals and fun this July. Happy shopping!

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Categories: Ecommerce, Social Media
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